China
UK moves to encourage SWF investment
The British authorities on Tuesday launched a charm offensive in a bid to coax sovereign wealth funds to invest in UK business.
Interest rates set to climb in China in 2008
The People's Bank of China said on Wednesday that it would step up its fight against inflation by implementing tighter monetary policy controls and utilising other monetary tools in 2008.
Domestic pressures behind Australian rate rise
Members of the Reserve Bank of Australia's rate-setting board voted to hike rates last month on domestic economic grounds, minutes of the 6 November meeting reveal.
EU and China agree measures on "severe" movements
A meeting between Jean-Claude Trichet, the president of the European Central Bank, and his Chinese counterpart, Zhou Xiaochuan, has resulted in the People's Bank of China saying it will co-operate with the EU to avoid "severe" fluctuations in exchange…
Trichet warns on adverse impact of globalisation
Interlinkages in the global economy mean no country can insulate itself from events, says Jean-Claude Trichet, the president of the European Central Bank.
Zhou predicts "mild slowdown" for China
Zhou Xiaochuan, the governor of the People's Bank of China, said the fallout from the global credit turmoil will have just a small impact on Chinese growth next year.
Asia-Pacific economies getting closer
The interdependence of Asia-Pacific economies has increased since the turn of the millennium, research published by the Bank of Japan finds.
Dollar fall hampering Chinese reserve management
Wen Jiabao, China's premier, said on Monday that the fall in the value of the greenback was making it difficult to manage the country's reserves.
Zhou parries appreciation calls
Zhou Xiaochuan, the governor of the People's Bank of China, said that the central bank could widen the renminbi's trading range if deemed necessary.
China's Zhou acts as inflation hits 11-year high
Zhou Xiaochuan, the governor of the People's Bank of China, has responded to a surge in inflation by pledging to curb price rises and excess liquidity.
China must be more responsible on yuan: Trichet
It is essential that China assumes the global responsibilities that accompany its growing economic clout, says Jean-Claude Trichet, the president of the European Central Bank (ECB).
China repeats efforts to curb liquidity
The People's Bank of China said on Thursday that it will introduce a raft of further measures to control what it described as the country's "severe" liquidity problem.
Dollar hits new low on back of Chinese comments
Sterling and the euro reached record highs against the dollar on Wednesday after a senior Chinese official said the government should diversify its foreign exchange reserves by swapping dollars for stronger currencies.
Inflation ahead, warns Greenspan
Central banks must hike rates in order to curb global inflation, Alan Greenspan, the former chairman of the Federal Reserve, warned on Tuesday.
Pressure rising over currency, says China's Yi
The contrast between US and Chinese monetary policy is exacerbating the pressure on the People's Bank of China to allow the renminbi to appreciate.
China fights back over G7 currency criticisms
Wu Xiaoling, the deputy governor of the People's Bank of China, said the country's current policy on the appreciation of the renminbi was a responsible one despite claims to the contrary by the world's leading finance ministers.
Chinese inflation eases from 11-year high
Chinese inflation fell slightly in September to 6.2%, after hitting an 11-year high of 6.5% in August.
China's agency "buys" Central Huijin
"We have bought Central Huijin for $67 billion," Lou Jiwei, the chairman of China Investment Corp, the country's investment agency, told reporters on the sidelines of the 17th Communist Party Congress, the nation's key meeting which is held every five…
Trichet repeats calls for renminbi appreciation
Jean-Claude Trichet, the president of the European Central Bank, has again urged China to allow its currency to appreciate.
China hikes reserve requirements to curb lending
The People's Bank of China said on Saturday that it is raising its reserve requirement ratio in order to limit loan growth and inflation.
The rise of SWFs is unstoppable
Western governments must accept the rise of sovereign wealth funds as a further sign of a shift in the world economy, according to Gerard Lyons, the chief economist at Standard Chartered, a bank.
China likely to replace Zhou
Zhou Xiaochuan, the governor of the People's Bank of China, is set to lose his job as part of a wide-ranging reshuffle, the details of which will be announced at next week's party congress.
Currency rise wanted by EU chiefs
Jean-Claude Trichet, the president of the European Central Bank; Jean-Claude Juncker, the prime minister of Luxembourg; and Joaquin Almunia, the European commissioner for monetary affairs said on Monday that they wanted the renminbi, the dollar, and the…
Hong Kong benefits from mainland growth
Hong Kong's status as an international financial centre will be enhanced by the rise of mainland China, according to research published by the Hong Kong Monetary Authority.